ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report)’s stock price shot up 1.3% on Monday . The company traded as high as $65.22 and last traded at $65.22. 21,731 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 25,844 shares. The stock had previously closed at $64.38.
ROBO Global Artificial Intelligence ETF Trading Up 1.3%
The company has a market capitalization of $293.49 million, a price-to-earnings ratio of 39.78 and a beta of 1.33. The firm’s 50 day simple moving average is $65.05 and its 200-day simple moving average is $60.49.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in ROBO Global Artificial Intelligence ETF in the third quarter valued at about $1,333,000. Cary Street Partners Financial LLC acquired a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth approximately $479,000. Arkadios Wealth Advisors purchased a new position in shares of ROBO Global Artificial Intelligence ETF during the 2nd quarter worth approximately $213,000. NewEdge Advisors LLC purchased a new position in shares of ROBO Global Artificial Intelligence ETF during the 3rd quarter worth approximately $159,000. Finally, Strategic Advocates LLC lifted its holdings in shares of ROBO Global Artificial Intelligence ETF by 5.8% in the 2nd quarter. Strategic Advocates LLC now owns 28,834 shares of the company’s stock valued at $1,586,000 after buying an additional 1,580 shares during the period.
About ROBO Global Artificial Intelligence ETF
The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.
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